DTI: PHL weighing impact of joining CPTPP accord | Andrea E. San Juan

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DTI: PHL weighing impact of joining CPTPP accord | Andrea E. San Juan
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The Philippines is now in the process of evaluating the impact of joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), according to Trade Secretary Alfredo E. Pascual.

THE Philippines is now in the process of evaluating the impact of joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership , according to Trade Secretary Alfredo E. Pascual.

The Philippines, Indonesia and Thailand have already indicated their interest to join the regional trade bloc but are not yet members to date. Of the three Asean economies, Thailand is expected to see the biggest gain—$20 billion—while Indonesia, the least gain at $11 billion. In 2021, Trade Undersecretary Ceferino Rodolfo confirmed that the Philippines signified interest to join the CPTPP and wrote to New Zealand, the depository country of the FTA.

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